Robert Kiyosaki warns of dollar collapse

Robert Kiyosaki, the author of Rich Dad Poor Dad, has issued a stark warning about the U.S. dollar’s future, claiming it is being systematically devalued.

He urged investors to protect their wealth by acquiring Bitcoin (CRYPTO:BTC), gold, and silver, which he views as reliable alternatives to fiat currency.

In a post on April 13, Kiyosaki highlighted indicators of financial instability, including record-high gold prices, surging demand for silver, and Bitcoin’s continued growth.

“Gold is at an all-time high, demand for silver is exploding, and Bitcoin is roaring,” he wrote.

He described the current economic situation as a “giant crash” facilitated by central banks and accused them of eroding wealth through reckless monetary policies

Kiyosaki specifically criticised major institutions like the Federal Reserve and the European Central Bank for printing excessive amounts of money, which he referred to as “fake dollars.”

He argued that this practice has led to inflation and reduced purchasing power for ordinary citizens.

Drawing parallels to historical hyperinflation cases in Zimbabwe and Venezuela, he warned of a similar fate for the U.S. dollar.

The author emphasised Bitcoin’s role as “people’s money” and a hedge against inflation.

He believes its decentralised nature makes it immune to manipulation by governments or banks.

Kiyosaki has previously predicted that Bitcoin’s value could reach $500,000 by 2025 due to diminishing trust in fiat currencies.

He stated that those who invest in tangible assets like Bitcoin, gold, and silver could emerge as the “new rich” in a restructured financial system.

Kiyosaki also criticised traditional education systems for failing to prepare individuals for financial independence.

He urged people to take proactive steps to secure their wealth amid what he described as a premeditated economic disaster.